New York City has once again claimed the title as the top city in the Americas for attractiveness for inward investment, but the fast-rising São Paulo is proving a fierce competitor.

Uncertainty characterises the current global economic climate. With a 16% decline in FDI in 2012, investment agencies are facing greater competition to attract FDI projects. Yet New York has remained a top global destination for FDI, and was named as fDi Magazine’s American Cities of the Future 2013/14, with São Paulo coming in second and Toronto in third.

….US cities made up the remainder of the top 10, with Houston, Atlanta, San Francisco, Chicago and Miami ranking sixth to 10th, respectively. San Francisco and Houston experienced the largest growth in FDI projects behind São Paulo and New York. Relative to population size, Atlanta and Miami were in the top five for attracting FDI.